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S&P 500 closes at a new record, Dow jumps 400 points
Stock Market Today: Dow, S&P 500 edge higher as Trump demands lower interest rates and oil prices; Nasdaq lower
Track the market's reaction to President Donald Trump's speech in Davos, Switzerland, as well as corporate earnings and other developments on Thursday.
S&P 500 closes at a new record, Dow jumps 400 points as Trump pushes for low rates, oil
Stocks took a leg up after Trump said Thursday in a virtual address to the World Economic Forum that he would “demand that interest rates drop immediately.”
US stocks end up, with S&P 500 at record. Trump talks lower interest rates and oil prices.
US stocks closed up, with the S&P 500 notching a record for the 2nd day. Trump called for lower rates and oil prices in remarks to world leaders.
Trump says he will demand interest rates drop 'immediately'
President Trump demanded that interest rates drop 'immediately.' A CD can lock in high rates while they last
Trump said that he would require interest rates to come down. Find out how opening a CD now can help you prepare for falling interest rates.
Trump says he will 'demand' interest rates drop, hinting at coming clash with Powell
Donald Trump hinted at a coming clash with Federal Reserve Chair Jerome Powell and other central bankers as he spoke virtually before the World Economic Forum, saying he would 'demand' lower interest rates.
Trump Says He Knows Interest Rates Better Than Fed Chief Powell
President Donald Trump questioned Federal Reserve Chair Jerome Powell’s decision making on interest rates and said he planned to speak to the central bank chief “at the right time.”
Turkey Central Bank Cuts Rates
Turkey's central bank lowers benchmark interest rate to 45%
Turkey’s central bank lowered its key interest rate by 2.5 percentage points to 45% on Thursday, in its second rate cut in as many months as official figures showed inflation was easing. The bank’s Monetary Policy Committee said it was reducing its benchmark one-week repo rate to 45% from the current 47.
Polish c.banker Tyrowicz still sees no reason to cut interest rates
Polish central banker Joanna Tyrowicz still does not see any grounds for interest rate cuts given the continued overshoot of the inflation target, she told a private radio station Tok FM on Thursday.
Turkey Central Bank Cuts Rates Again as Inflation Cools
The central bank reduced its one-week repo rate to 45% from 47.5% as a cycle of higher borrowing costs bears fruit in cooler price rises.
CBS News on MSN
4h
Big banks hiked interest rates on borrowers but not for savers, senators say
As interest rates rose, banks charged more for credit cards and loans, but held rates paid on savings accounts.
2d
Economists ramp up projections for Brazil's interest rates to above 15%
Economists have launched a fresh wave of upward revisions to projections for Brazil's interest rate this year, citing ...
13h
on MSN
Today's Mortgage Rates | Rates May Not Drop Much in the Next Two Years, Fannie Mae Says
These are today's mortgage and refinance rates. Mortgage rates may not fall as much as initially expected this year thanks to ...
6h
How will CD interest rates be impacted by the January Fed meeting?
Could CD interest rates decline again this month? Here's what savers should consider before the January Fed meeting.
2d
on MSN
Here's When the Fed Is Likely to Cut Interest Rates Again, and What It Means for Stocks
Since the FOMC is responsible for setting interest rate policy at the Fed, Wall Street watches each SEP very closely. In the September SEP, the FOMC forecast five potential interest rate cuts in 2025, ...
12h
What Might The Federal Reserve Announce After Holding Rates In January
The Federal Reserve is expected to maintain interest rates at 425-450 basis points on January 29, supporting a continued ...
1d
on MSN
Goldman Sachs makes surprising pivot on interest rates
When Donald Trump was sworn in as the 47th president of the United States, Goldman Sachs Chief Economist Jan Hatzius said the ...
3h
on MSN
What's a good long-term CD interest rate for 2025?
The CD interest rate climate has evolved. Here's what a good long-term CD interest rate is considered to be now.
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